The debate rages on: Is the United States witnessing a resurgence in its shale industry, or is the sector approaching a gradual decline? With high energy prices prompting fossil fuel giants to splurge on major acquisitions, the signals are mixed. ExxonMobil's $60 billion deal to purchase Pioneer Natural Resources and Chevron's $53 billion offer for Hess Corporation are two recent megadeals that have captured the industry's attention.
The stage is set, the battle lines drawn. In a riveting speech at the inaugural rally of her presidential campaign, US Vice President Kamla Harris has laid out a compelling argument against her Republican counterpart, Donald Trump. Amidst the charged atmosphere, a recent poll indicates a slight edge for Harris over Trump, sparking a flicker of hope for the Democratic camp.